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How our leftist government gets its minimum wage hike without legislation

 
snichols

User ID: 80059469
Canada
07/18/2021 12:21 AM

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How our leftist government gets its minimum wage hike without legislation
[link to www.americanthinker.com (secure)]

The Biden administration has discovered a back door to raising the effective minimum wage. Paying lucrative supplemental unemployment benefits, which is effectively subsidizing leisure, increases the opportunity cost of working and thereby places upward pressure on wages as employers seek to incentivize would-be employees to move off the couch and into the workforce. Neither minimum-wage legislation nor political combat with the Republicans is required to implement this policy. The federal government need only keep the spigot open on supplemental unemployment benefits, and employers seeking to attract workers will have no choice but to increase the wages offered to compete. The long-run effects of this policy are deeply concerning precisely because they are so harmful to workers...

Salient take. Interesting read. Enjoy!

Last Edited by Sweaty Tryhard on 07/18/2021 12:25 AM
Anonymous Coward
User ID: 80623396
United States
07/18/2021 12:24 AM
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Re: How our leftist government gets its minimum wage hike without legislation
I get your point, but I think it is bullshit.
Anonymous Coward
User ID: 78189836
United States
07/18/2021 12:26 AM
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Re: How our leftist government gets its minimum wage hike without legislation
You just justified socialism and ignored facts.

Minimum wage goes up, price goes up.

Inflation already going up. 2x now.

At least they get “paid more”

FFS
snichols  (OP)

User ID: 80059469
Canada
07/18/2021 12:29 AM

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Re: How our leftist government gets its minimum wage hike without legislation
You just justified socialism and ignored facts.
 Quoting: Anonymous Coward 78189836


bsflag
Crypto-Tard

User ID: 77487197
United States
07/18/2021 12:55 AM

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Re: How our leftist government gets its minimum wage hike without legislation
Like everything, they are using our money.
Everyone has a plan until they get hit in the face.

--Mike Tyson

I am a "conspiracy theorist.” I believe men and women of wealth and power conspire. If you don't think so, then you are what is called "an idiot.” If you believe stuff but fear the label, you are what is called "a coward.”

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